Nearly 40% of U.S. Jobs could soon be given to robots.
That’s according to a new report from consultancy firm PwC. Researchers suggested that automated bots could take nearly four in 10 (38%) jobs in the U.S., and take 30% of jobs in the United Kingdom, 35% in Germany, and 21% Japan. While the U.S. And U.K. In particular have similar economies, the wider financial services sector in the States is reportedly more vulnerable to automation.
“The jobs of these U.S. Retail financial workers are assessed by our methodology as being significantly more routine, and so more automatable than the average finance sector job in the UK, with its greater weight on international finance and investment banking,” researchers wrote.
The jobs more likely to be taken over by robots include those in the transportation and storage (56%) sectors, as well as manufacturing (46%) and retail (44%).
The silver lining: The report suggests that more robots in the workplace could positively affect salaries.
“Average pre-tax incomes should rise due to the productivity gains, but these benefits may not be evenly spread across income groups,” researchers concluded.